Innovation in education

Mechanisms for the Co-finance of Lifelong Learning

In February 2002 the Secretariat, in partnership with the European Learning Account Project organised a first international seminar to develop a strategy for documenting and exchanging experience with promising approaches to the finance of lifelong learning that enhanced individual responsibility, while leveraging their financial capacity through co-finance by employers and public authorities. Participants in that seminar debated and subsequently approved Guidelines for documenting the objectives, structure, and results to date of different mechanisms to co-finance lifelong learning; they also agree to co-operate with the ELAP and OECD in exchanging expertise and lessons from experience. In November 2002, the OECD and the National Learning and Skills Council of England held second international seminar Taking Stock of Experience with Co-finance Mechanisms, to review the outcomes of this phase of work. Reports that were presented and discussed at the Second Seminar can be found ici.